Banco Macro S.A. (BMA): A Bull Case Theory

We came across a bullish thesis on Banco Macro S.A. on Jeremie Boyer’s Substack. In this article, we will summarize the bulls’ thesis on BMA. Banco Macro S.A.'s share was trading at $71.99 as of July 30^th. BMA’s trailing P/E was 3.82 according to Yahoo Finance.

[caption id="attachment_1220852" align="aligncenter" width="768"] A trader on the floor of a bank's trading room, surrounded by sophisticated electronic equipment.[/caption]

Banco Macro (BMA) appears poised for a valuation re-rating as profitability normalizes, supported by accelerating loan growth, recent share...